Compare commits

..

1 commit

Author SHA1 Message Date
Teleo Agents
67881b2824 rio: extract from 2025-11-14-futardio-launch-solomon.md
- Source: inbox/archive/2025-11-14-futardio-launch-solomon.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 2)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 00:20:54 +00:00
4 changed files with 13 additions and 74 deletions

View file

@ -46,6 +46,7 @@ MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless
- **2026-03-07** — Areal DAO launch: $50K target, raised $11,654 (23.3%), REFUNDING status by 2026-03-08 — first documented failed futarchy-governed fundraise on platform
- **2026-03-04** — [[seekervault]] fundraise launched targeting $75,000, closed next day with only $1,186 (1.6% of target) in refunding status
- **2025-11-14** — Solomon launch goes live: DeFi infrastructure project raises $102.9M committed capital in 4 days, expanding platform beyond meme coins to yield-bearing stablecoin infrastructure
## Competitive Position
- **Unique mechanism**: Only launch platform with futarchy-governed accountability and treasury return guarantees
- **vs pump.fun**: pump.fun is memecoin launch (zero accountability, pure speculation). Futardio is ownership coin launch (futarchy governance, treasury enforcement). Different categories despite both being "launch platforms."

View file

@ -1,63 +0,0 @@
---
type: entity
entity_type: decision_market
name: "Solomon: Futardio Fundraise"
domain: internet-finance
status: passed
parent_entity: "[[solomon]]"
platform: "futardio"
proposal_url: "https://www.futard.io/launch/634r63NH2qbTrSVyLieC3Ab3YKaEfoGnCLM8idZMEycE"
proposal_date: 2025-11-14
resolution_date: 2025-11-18
category: "fundraise"
summary: "Solomon raised $8M through futarchy-governed ICO after $102.9M oversubscription"
key_metrics:
funding_target: "$2,000,000"
total_committed: "$102,932,673.08"
final_raise: "$8,000,000"
oversubscription_ratio: 51.5
token_allocation:
metadao_liquidity: "20%"
solomon_treasury: "80%"
tracked_by: rio
created: 2026-03-11
---
# Solomon: Futardio Fundraise
## Summary
Solomon Labs raised $8 million through a futarchy-governed token launch on Futardio, targeting $2M minimum with ideal range of $5-8M. The raise was massively oversubscribed, with $102.9M committed before closing at the $8M cap. The structure allocated 20% of gross to MetaDAO for token liquidity seeding and 80% to Solomon DAO treasury.
## Market Data
- **Outcome:** Passed (closed at final raise target)
- **Funding Target:** $2,000,000 (minimum)
- **Total Committed:** $102,932,673.08
- **Final Raise:** $8,000,000
- **Oversubscription Ratio:** 51.5x
- **Launch Date:** 2025-11-14
- **Close Date:** 2025-11-18
- **Token:** SOLO (`SoLo9oxzLDpcq1dpqAgMwgce5WqkRDtNXK7EPnbmeta`)
## Significance
This launch demonstrates extreme market demand for futarchy-governed stablecoin infrastructure, with oversubscription exceeding 50x the final raise amount. Solomon's decision to cap at $8M despite $102.9M committed shows disciplined capital management—taking only what's needed for execution rather than maximizing raise size. The 20/80 split between MetaDAO liquidity and project treasury establishes a template for futarchy platform economics.
The product thesis—composable yield-bearing stablecoins that maintain $1 peg without rebasing—addresses a structural DeFi problem where $150B+ in stablecoin liquidity sits idle because existing yield mechanisms break composability.
## Use of Funds
Solomon specified four capital deployment priorities:
1. Put treasury to work immediately (targeting ~16% APR through basis trade strategy)
2. Fund liquidity mining to accelerate TVL growth
3. Seed deeper USDv/USDC liquidity
4. Reduce fees and improve terms with custody providers and exchanges
## Relationship to KB
- [[solomon]] — parent entity
- [[futardio]] — launch platform
- [[metadao]] — receives 20% allocation for liquidity seeding
- [[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]] — platform mechanism
- [[internet capital markets compress fundraising from months to days because permissionless raises eliminate gatekeepers while futarchy replaces due diligence bottlenecks with real-time market pricing]] — demonstrated 4-day fundraise cycle

View file

@ -41,7 +41,8 @@ One of the first successful Futardio launches. Raised $8M through the pro-rata m
- **2026-02/03** — Lab Notes series (Ranga documenting progress publicly)
- **2026-03** — Treasury subcommittee proposal (DP-00001) — formalized operational governance
- **2025-11-14** — Launched futarchy-governed fundraise on Futardio targeting $2M minimum, $5-8M ideal; oversubscribed to $102.9M committed before closing at $8M final raise (2025-11-18)
- **2025-11-14** — Launched fundraise on Futardio with $2M target; received $102.9M in commitments (51x oversubscription)
- **2025-11-18** — Closed fundraise at $8M final raise despite $102.9M committed, demonstrating capital discipline over extraction maximization
## Competitive Position
Solomon is not primarily a competitive entity — it's an existence proof. It demonstrates that futarchy-governed organizations can raise capital, manage treasuries, and create operational governance structures. The key question is whether the futarchy layer adds genuine value beyond what a normal startup with transparent treasury management would achieve.

View file

@ -6,13 +6,14 @@ url: "https://www.futard.io/launch/634r63NH2qbTrSVyLieC3Ab3YKaEfoGnCLM8idZMEycE"
date: 2025-11-14
domain: internet-finance
format: data
status: processed
status: enrichment
tags: [futardio, metadao, futarchy, solana]
event_type: launch
processed_by: rio
processed_date: 2026-03-11
enrichments_applied: ["futarchy-governed-permissionless-launches-require-brand-separation-to-manage-reputational-liability-because-failed-projects-on-a-curated-platform-damage-the-platforms-credibility.md", "MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale.md", "internet-capital-markets-compress-fundraising-timelines.md"]
extraction_model: "anthropic/claude-sonnet-4.5"
extraction_notes: "Launch data extraction only. No novel claims—Solomon's composable stablecoin thesis and futarchy fundraising mechanics are already covered in existing KB claims. Created decision_market entity for the fundraise and updated Solomon parent entity timeline. Massive oversubscription (51.5x) is notable but represents market validation of existing thesis rather than new mechanism insight."
extraction_notes: "Source is a Futardio launch page for Solomon stablecoin project. Primary value is entity timeline data (major fundraise event) and enrichment evidence for existing claims about MetaDAO/Futardio platform dynamics, brand separation, and capital formation speed. No novel claims warranted—the fundraise mechanics and outcomes confirm existing theoretical claims about futarchy-governed launches. Solomon's technical architecture (non-rebasing stablecoin, basis trade yield) is product detail, not KB-level insight."
---
## Launch Details
@ -76,11 +77,10 @@ Solomon is the first stablecoin system that can sit everywhere money sits. Walle
## Key Facts
- Solomon raised $8M on Futardio (2025-11-14 to 2025-11-18)
- Total committed: $102.9M (51.5x oversubscription)
- Token allocation: 20% MetaDAO liquidity, 80% Solomon treasury
- Solomon has been live in closed beta for one year with seven figures TVL
- Product: USDv (composable dollar) and sUSDv (staked yield-bearing variant)
- Yield strategy: basis trade (long spot, short perp) + T-bills
- Custody: segregated with Ceffu, insurance-backed
- Token: SOLO (SoLo9oxzLDpcq1dpqAgMwgce5WqkRDtNXK7EPnbmeta)
- Solomon USDv is a non-rebasing stablecoin maintained at $1 via two-way market making
- Solomon runs basis trade strategy (long spot, short perp) plus T-bills for yield generation
- Solomon custody segregated with Ceffu with insurance coverage
- Solomon operated closed beta for one year with seven figures TVL before public launch
- Solomon token: SoLo9oxzLDpcq1dpqAgMwgce5WqkRDtNXK7EPnbmeta
- Solomon raise structure: 20% gross to MetaDAO for liquidity, 80% to Solomon DAO treasury
- Solomon handled October 10th Binance price dislocation with zero incidents during beta